Share in extreme poverty vs. poverty gap index in Venezuela

Venezuela: Share in extreme poverty vs. poverty gap index was 9.7% in 2006. ▲ Rising

Latest (2006)
9.7%
Change on year
down 46.4%
World rank
31st
of 120 countries
All-time high
27.1%
in 2003
All-time low
6.9%
in 1992
Years of data
13
1981–2006

Share in extreme poverty vs. poverty gap index in Venezuela, 1981–2006

5101520251981199320061981: 11.3 %1987: 12.3 %1989: 7.3 %1992: 6.9 %1995: 15.1 %1998: 14.9 %1999: 16.7 %2001: 14.7 %2002: 22.1 %2003: 27.1 %2004: 22.8 %2005: 18.1 %2006: 9.7 %

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.

Analysis

In 2006, share in extreme poverty vs. poverty gap index in Venezuela stood at 9.7%.

That represents a change of down 46.4% on the previous year and down 35.9% over ten years.

Over the whole period, share in extreme poverty vs. poverty gap index in Venezuela peaked at 27.1% in 2003 and was at its lowest, 6.9%, in 1992.

Venezuela ranks 31st of 120 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 13 years of available data.

Share in extreme poverty vs. poverty gap index in Venezuela, year by year

Annual values for Share in extreme poverty vs. poverty gap index in Venezuela, 1981 to 2006.
Year % Change
1981 11.3%
1987 12.3% +8.4%
1989 7.3% -40.8%
1992 6.9% -5.2%
1995 15.1% +120.0%
1998 14.9% -1.8%
1999 16.7% +12.4%
2001 14.7% -11.8%
2002 22.1% +50.2%
2003 27.1% +22.5%
2004 22.8% -16.1%
2005 18.1% -20.4%
2006 9.7% -46.4%

Venezuela compared with similar countries

  • Venezuela's 9.7% is above the median for lower middle income countries, which is 9.7%, 1.0× the median. (29 countries reporting)
  • Venezuela's 9.7% is above the median for Latin America & Caribbean, which is 3.1%, 3.2× the median. (18 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 10.3% 7.3% 12.3% 3
1990s 13.4% 6.9% 16.7% 4
2000s 19.1% 9.7% 27.1% 6

Countries ranked near Venezuela

  1. 28 Guinea 11.7% compare
  2. 29 Philippines 11.5% compare
  3. 30 Mauritania 10.2% compare
  4. 32 Guatemala 9.7% compare
  5. 33 Colombia 8.5% compare
  6. 34 Laos 7.1% compare

See the full ranking of 120 places →

More poverty & inequality data for Venezuela

All data for Venezuela →

Frequently asked questions

What is share in extreme poverty vs. poverty gap index in Venezuela?
Share in extreme poverty vs. poverty gap index in Venezuela was 9.7% in 2006, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest share in extreme poverty vs. poverty gap index recorded in Venezuela?
The highest recorded value was 27.1% in 2003.
What is the lowest share in extreme poverty vs. poverty gap index recorded in Venezuela?
The lowest recorded value was 6.9% in 1992.
How does Venezuela rank for share in extreme poverty vs. poverty gap index?
Venezuela ranks 31st out of 120 countries with data for 2006.
Is share in extreme poverty vs. poverty gap index rising or falling in Venezuela?
Over the last ten years it is down 35.9%. The long-run trend across the full record is rising.
Where does this Venezuela data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Share in extreme poverty vs. poverty gap index. Statizoid updates them automatically from the source API.

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Share in extreme poverty vs. poverty gap index in Venezuela. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 23 September 2026, from https://poverty.statizoid.com/stat/poverty-headcount-rate-vs-poverty-gap/venezuela-rb/

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About this data

Indicator
Share in extreme poverty vs. poverty gap index
Unit
%
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $3 per day.